Update: Ford upper-management shake-ups

Update: Volvo has officially announced Doolan's replacement as Anne Belec. She is currently Vice President of Sales
Operations at VCC.

In March, Volvo Cars of North America Inc. President and CEO Victor Doolan will call it quits. Doolan has been the
driving force for Volvo's revitalized market presence. Yesterday, rumors floated that Ford's president, Nick Scheele,
would be stepping down also. He is recovering from hip surgery and is citing health reasons.

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